Singapore, 30 May 2021 More HDB resale flats have been sold for a million dollars and such transactions have been grabbing headlines. The number of million-dollar flats hit a high last year with 82 transactions inked despite the pandemic.
But this record has been broken even before we hit the half-year mark - from January to May 25, 85 HDB flats have been sold for at least $1 million.
Some owners may be wondering if their flats have what it takes to fetch a million dollars. Others may be worried if resale flats may soon be out of reach for more buyers. To address these questions, let's discuss what makes a million-dollar flat.